IboProtrader

QE2 results a catalyst to higher prices

NYSE:MP   MP Materials Corp.
MP has been doing well in the past weeks while the small-cap stocks market notably SPACs were beaten down to disappointing prices. Now that there is less than a week to the QE2 results the price is at a pivotal level. There are resistance levels around $39 and $41, which can be broken if $MP reports impressive results as they have done it after their SPAC merger in 2020. Chamath Palihapitiya was the PIPE investor of this stock and it seems it is one of his best so far. The other ones such as $OPEN $CLOV are not doing well. Even, $SOFI did not have a good performance as many of its holders expected. A market rotation to small/medium cap stocks can send many of these stocks to the sky again, but that is a big question for right now as the mega-cap stocks are the safe haven for the big dogs.

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.